Minimally-Invasive Surgery Devices Market Size, Share
Posted by sumit on June 26th, 2019
Global minimally-invasive surgery devices market expected to grow significantly over the forecast period. It is anticipated that the market held a market value of USD 20093.4 Million in 2018 and is Projected to Grow at a CAGR of 9.8% over the forecast period.
The global minimally-invasive surgery devices market is growing at a rapid pace, the major factor influencing the growth of the market include; increasing geriatric population, increasing prevalence of chronic diseases. Chronic disease has been one of the major application of minimally-invasive surgery device.
Chronic diseases and conditions are on the rise worldwide. As said by the World Health Organization (WHO), the amount of the burden of chronic diseases is expected to escalate to 60% by 2020 and 79% of deaths due to these diseases would occur in developing countries. According to a 2016 study published in “The Journal of Pediatrics,” it is observed that among the US population functional constipation and abdominal migraine are the most frequently occurring gastrointestinal disorders in children and adolescents. The occurrence of functional constipation is dominated in females than in males.
Minimally-Invasive Surgery Devices Market Segmentation:
The Global Minimally-Invasive Surgery Devices Market has been segmented into type, application and end user.
Based on type, market segmented into handheld instruments, inflation devices, cutter instruments, guiding devices, electrosurgical devices, auxiliary devices, and others.
based on application, the minimally-invasive surgery devices market is segmented into cardiac surgery, gastrointestinal surgery, orthopedic surgery, vascular surgery, gynecological surgery, urological surgery, thoracic surgery, cosmetic surgery, dental surgery, and others.
Based on end user, minimally-invasive surgery devices market segmented into hospitals & clinics, ambulatory surgical centers, and others.
Minimally-Invasive Surgery Devices Market Key Players
Some of the major players operating in the Global Minimally-Invasive Surgery Devices Market are Abbott, Intuitive Surgical, Inc, Fortimedix Surgical, Siemens Healthcare GmbH, GE Healthcare, Medtronic, Inc, Ethicon, Inc., ArthroCare Corporation, KEBOMED Europe AG, DePuy Synthes, NuVasive, Inc., Biomet, Inc, Norwood Medical, Freudenberg Medical, and others.
Minimally-Invasive Surgery Devices Market Regional Analysis
Geographically the market has been segmented into the Americas, Europe, Asia-Pacific, and the Middle East & Africa.
Geographically, the Americas is anticipated to dominate the global minimally-invasive surgery devices market owing to the presence of a huge patient population, high healthcare expenditure, well-developed technology, and the presence of the leading players. Moreover, increasing government support for the development of the advanced devices and well-developed healthcare sector have provided support for the growth of the minimally-invasive surgery devices market in America. Europe is expected to hold the second largest position in the global minimally-invasive surgery devices market. Asia-Pacific is the fastest growing minimally-invasive surgery devices market owing to the increasing need for better monitoring devices, rapidly improving technology and the presence of a huge patient pool. The Middle East and Africa market for minimally-invasive surgery devices is expected to grow at a steady.
Table Of Content
1.2 Scope Of Study
1.3 Research Objective
1.4 Assumptions & Limitations
1.5 Market Structure
2 Research Methodology
2.1 Research Process
2.2 Primary Research
2.3 Secondary Research
3 Market Dynamics
3.5 Macroeconomic Indicators
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About the Authorsumit
Joined: February 6th, 2019
Articles Posted: 80
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